Asian stocks ended broadly lower on Friday as mixed economic signals from China pointed to feeble economic recovery in the world's second-largest economy.
The dollar slipped to snap two days of gains while Treasuries held steady as traders weighed Fed rate cut prospects.
Gold was set for a third weekly gain after declining in the previous session. Oil prices extended losses from the previous session and were set for a sixth straight week of declines as skepticism mounted over OPEC+ output cuts.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.